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Technology Stocks : How high will Microsoft fly?
MSFT 478.52-2.8%Dec 10 3:59 PM EST

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To: johnd who wrote (35870)12/31/1999 5:03:00 PM
From: johnd   of 74651
 
Well, it is official. 116.75 for 1999 close. MSFT went up
from 70 to 116.75 or up about 65% for the year. It didn't
reach the 130 or 150 some of us thought it might. Also it
closed a bit above the range PW and I thought. Overall a
great year.

For 2000, I expect the stock to hit 200 sometime towards
the tail end of the year.

I think MSFT could hit 130 by end of Jan 2000; 160 by July
and stock split in 3Q, 200 ( or 100 after split) in Nov/Dec
of 2000.

FY2000: 2.00 EPS
FY2001: 3.30 EPS

Again stock will hit 200 by end of 2000 and 300 - 350 by
end of 2001.

Happy new year and new millenium to all. The market has been
good to most of us this year. Hope it remains so in the
years to come.

Best wishes everyone
johnd
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